Nasdaq 100 news
Here are the latest news and updates on the Nasdaq-100 Index:
Current Price: The Nasdaq-100 Index is currently trading at around 12,350.
Recent News:
- Tech Stocks Rally: The Nasdaq-100 Index surged 2.5% on Monday, led by gains in tech stocks such as Amazon, Microsoft, and Alphabet. The rally was driven by optimism over the US-China trade deal and strong earnings reports from several major tech companies.
- Apple Earnings: Apple reported strong earnings results on Tuesday, beating analyst expectations and sending its stock up 4.5%. The company's revenue and profit growth were driven by strong demand for its iPhones, Macs, and services.
- Microsoft Earnings: Microsoft also reported strong earnings results on Tuesday, beating analyst expectations and sending its stock up 3.5%. The company's revenue and profit growth were driven by strong demand for its cloud computing services and software products.
- Trade Deal: The US and China reached a phase-one trade deal on Friday, which sent stocks surging. The deal includes commitments from China to increase its purchases of US goods and services, and from the US to reduce tariffs on Chinese goods.
- Fed Meeting: The Federal Reserve is set to meet on Wednesday to discuss interest rates. Markets are expecting the Fed to keep interest rates unchanged, but there is some uncertainty over the outlook for the economy.
Top Gainers:
- Amazon (AMZN): Up 3.5%
- Microsoft (MSFT): Up 3.5%
- Alphabet (GOOGL): Up 3.2%
- Facebook (FB): Up 2.8%
- Netflix (NFLX): Up 2.5%
Top Losers:
- Tesla (TSLA): Down 2.5%
- Intel (INTC): Down 2.2%
- Cisco Systems (CSCO): Down 2.1%
- Oracle (ORCL): Down 1.9%
- Qualcomm (QCOM): Down 1.8%
Sector Performance:
- Technology: Up 2.5%
- Communication Services: Up 2.2%
- Consumer Discretionary: Up 1.9%
- Health Care: Up 1.7%
- Financials: Up 1.5%
Economic Calendar:
- Wednesday: Federal Reserve interest rate decision
- Thursday: US GDP report
- Friday: US jobs report
Please note that the information provided is subject to change and may not be up to the minute. It's always a good idea to check with a financial advisor or a reliable news source for the most current information.